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India is expanding its payment collaborations with neighboring countries like Sri Lanka and UAE to strengthen cross-border financial networks. The Reserve Bank of India is also cautiously approaching the wider rollout of its central bank digital currency, examining their security and impact on monetary policy and banking systems. The government has imposed a 30% tax on crypto gains and a 1% TDS on transactions exceeding ₹50,000.

Patrick McHenry, Chairman of the House Financial Services Committee, has criticized federal regulatory agencies, calling for more effective digital asset oversight, transparency, and leadership accountability. McHenry condemned the FDIC under Martin Gruenberg and called for his resignation, emphasizing the need for innovative solutions to strengthen the US financial system, warning of impending agency overhauls if changes are not made. He underscored the importance of the bipartisan FIT21 Act and urged regulators to collaborate with Congress to build trust with the public.

Crypto mining company Bit Mining Ltd. has been hit with $14m in penalties after admitting to a $2.5m bribery scheme to secure a Japanese casino contract. Former CEO Zhengming Pan has been indicted on charges of conspiracy and falsifying records for directing the scheme. Despite the bribery attempts, Bit Mining did not win the contract. It has agreed to a deferred prosecution agreement with the US Department of Justice and will strengthen its compliance measures. The case highlights global efforts to combat corporate corruption.

A bullish "massive coil" pattern has been identified for XRP by veteran trader Peter Brandt, signaling a potential breakout, despite ongoing legal uncertainties and regulatory shifts fueling market speculation. Breaking annual highs could trigger further upward momentum for the cryptocurrency.

US Space Force Major Jason Lowery advocates proof-of-work technology and a national Bitcoin reserve as strategic defense assets. He has applied to become a military advisor on the National Security Council. In July, Senator Lummis introduced the Bitcoin Act, proposing the creation of a strategic Bitcoin reserve to strengthen the US dollar.

Ripple’s CEO has warned against SEC Chair candidates tied to past enforcement controversies, urging leadership that fosters innovation and ends punitive crypto regulation.

A Name Sparks Debate: Ripple CEO Slams SEC Chair Prospect

Brad Garlinghouse, CEO of Ripple, has criticized the potential

The increasing integration of cryptocurrency into the online gaming sector has given rise to platforms like Willbet.io, a crypto-based online casino that offers players the option to participate in casino games and sports betting using digital currencies including Bitcoin (BTC) and Tether (USDT).

Healthcare company, Cosmos Health, has announced it will add Bitcoin and Ethereum to its balance sheet in a move it says will help to diversify its balance sheet; it also noted the assets could offer "significant upside potential."

Russian national Evgenii Ptitsyn has been extradited from South Korea to the US to face charges linked to the $16m Phobos ransomware, which was used to target over 1,000 victims worldwide, including government agencies and healthcare facilities. The ransomware was active since 2019, working under a ransomware-as-a-service model. Ptitsyn's extradition follows legal action against other ransomware gangs. If convicted, he faces a maximum penalty of 20 years in prison for each wire fraud count, 10 years in prison for each computer hacking count, and five years in prison for conspiracy to commit computer fraud and abuse.

Microstrategy's Michael Saylor asked whether Bitcoin will break $100K by end of year. Over 92K users voted, with 85.6% predicting it will. Saylor is confident in BTC's trajectory, dismissing concerns of a drop below $30K and emphasizing robust Wall Street support. The recent purchase of 51,780 additional bitcoins for $4.6 billion brings Microstrategy's total holdings to 331,200 BTC, acquired at an average cost of $49,874. The firm's $42 billion "21/21 Plan" aims to accelerate bitcoin acquisitions and solidify its leadership in digital asset investment.

Ripple’s potential initial public offering (IPO) is gaining traction as SBI supports the move, highlighting XRP’s market growth and increased regulatory optimism.

Japanese Giant SBI’s Vision for Ripple: IPO Strategy After SEC Resolution

Talks about Ripple potentially launching an initial public

SEC Chair Gary Gensler is expected to resign before completing his term, sparking debate over his successor and the potential impact on cryptocurrency oversight and regulation.

Speculation Mounts Over Gensler’s Resignation and His SEC Successor

Discussion about the next U.S. Securities and

Michael Saylor is planning a $100K bitcoin celebration, citing bullish momentum fueled by Wall Street support, regulatory optimism, and Microstrategy’s aggressive BTC acquisitions.

‘All of Our Investors Tell Me, They Want Me to Buy More Bitcoin’

Michael Saylor, the pro-bitcoin utive chairman of